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Sunday, July 10, 2016

These companies pay out more than they earn

Dividends are all the rage with investors. But some companies are so eager to hand them out, they're paying dividends that are even bigger than their profit.

There are 42 companies in the Standard & Poor's 500, including computer storage company Seagate Technology (STX), earth moving equipment maker Caterpillar (CAT) and energy pipeline company Kinder Morgan (KMI) that are digging really deep to keep investors happy with their dividends, according to a USA TODAY analysis of data from S&P Global Capital Markets. These companies have paid dividends the past 12 months that exceed their reported net income.

Read more... http://www.usatoday.com/story/money/markets/2016/07/07/these-companies-pay-out-more-than-they-earn/86778320/

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